How You Profit Through Profit Plan?

Well, here I will explain the profit plan gained by the business owner (eCosway Pharmacist/store operator).

If you can get six stockist/pharmacist under you network, your income will be five figures. How? I will explain it below.

Whenever you or anyone in your network makes an eCosway sale or purchase from any of our stores, it generates “eVolume” (eV). eV is the sales volume value assigned to each product.

Every month, eCosway calculates the eV generated by your network and pays you four types of profits:

• Retail Profit
• Branch Override
• Branch Performance Incentive (BPI)
• Extra Incentive (EI)

Note: For the calculation of monthly profits, 1 eV = 1 eDollar =RM3.50(SGD/BND1.50)
Your profits will be paid to you on a monthly basis.

Retail Profit: When you sell the products to your customers at the suggested retail price, you will earn the difference between the retail price and your discounted price. On top of that, up to 23% retail profit will be paid on the monthly eVolume (eV) generated by your Personal Sales (comprised of your own purchases plus the purchases of your VIP Shoppers). Even though retail profit is only paid on your Personal Branch, the percentage you get is based on the volume of your entire network, so the bigger your network, the more profit you get from your personal purchases and retail sales. Branch Overrides: You will earn an overriding percentage on the eV generated by each of your BO branches, based on the difference between your eligibility percentage and theirs.The Retail Profit & Branch Overrides chart (beside) is used to determine this eligibility.

Retail Profit & Branch Overrides eVolume (eV) Profit (%) 50 2% 150 3% 300 4% 500 5% 1,000 6% 2,000 7% 3,000 8% 4,000 9% 6,000 10% 8,000 11% 10,000 12% 12,500 13% 15,000 14% 17,500 15% 20,000 16% 22,500 17% 25,000 18% 30,000 19% 35,000 20% 40,000 21% 45,000 22% 50,000 23%

Branch Performance Incentive (BPI):
You will receive a fixed amount based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch.

Each Branch eV BPI (eDollars) 500 $20 1,000 $40 1,500 $60 2,000 $80 2,500 $100 3,000 $125 3,500 $150 4,000 $200 4,500 $250 5,000 $300 5,500 $375 6,500 $450 8,000 $525 10,000 $600 12,500 $675 15,000 $750 17,500 $825 20,000 $900 22,500 $1,000 25,000 $1,100

Each Branch eV BPI (eDollars) 27,500 $1,200 30,000 $1,300 35,000 $1,400 40,000 $1,600 45,000 $1,800 50,000 $2,000 60,000 $2,500 70,000 $3,000 80,000 $3,500 90,000 $4,000 100,000 $5,000 125,000 $6,000 150,000 $7,000 200,000 $8,000 250,000 $9,000 300,000 $10,000 NO CAP! For each additional 100,000eV after 300,000 eV, you receive an additional $1,000 eDollars.

Extra Incentive (EI):
You will receive an Extra Incentive based on the volume of each of your BO branches (including your Personal Sales) that exceeds 500 eV each month (except your highest eV Branch which serves as the qualifying branch for this incentive). Please refer to the chart for the amount you receive per branch.

Minimum eV Level Extra Incentive (eDollars) 500 $25 1,000 $100 1,500 $200 2,000 $300 3,000 $350 4,000 $400 5,000 $450 6,000 $500 7,000 $550 8,000 $600 9,000 $650 10,000 $700 12,000 $750 14,000 $800 16,000 $850 18,000 $900 20,000 $1,000 25,000 $1,100 30,000 $1,200 35,000 $1,400 40,000 $1,600 45,000 $1,800 50,000 $2,000

Note: If you have branches with less than 500 eV, you can still earn an Extra Incentive by combining the volume to meet a qualifying eV level (as shown on the left side of the table). However, the eV of combined branches cannot exceed (and will be capped at) the eV level of your qualifying branch.

How To Qualify For The Extra Incentive (EI) And Keep The Additional Profit Centre(s):On joining, you will be given 2 additonal profit centres directly under your main profit centre.

 

The amount of Extra Incentive (EI) you can earn and Profit Centre(s) you can keep depends on the Personal Sales Volume (eV) that you generate within 30 days of your joining date. You can either buy or sell the products to generate the eV based on the eV set booklet. There will be an eV set booklet provided once you join as business owner (RM 100 application fee). 1000 eV is the maximum amount you can purchase and the good thing is you get more profit centre and earn lots more. Once the qualification is determined, it stands for the duration of your Business Ownership.

               Note: 1000 eV will have 7 profit centres in total (updated source)

This special EI & Profit Centre qualification eV can only be fulfilled from the sales of our Special eV Product Sets. eV from the sales of other products will not be included.

 Special eV Product Sets
As an incentive for you to try cosway products and promote them to friends and relatives, cosway is offering  specially packaged products at much higher discounts than usual. You can choose to purchase one or more product sets up to maximum of 1,000 eV per Business Owner.

These Special eV Product Sets can only be purchased within the first 30 days of your joining at the store where you registered.
If you do not meet the special 1,000 eV product set qualification within 30 days from your joining date, the 2 additional profit centres will be removed as follows:

How The eCosway Profit Plan Works 

 

  

Note: Example above assume that you have at least 15 eV and the required QUs to qualify for the profits. However, it will depend on your need. If your network can assure your earning at one particular month, then you can get the 15eV to gain the all the profits. Otherwise, you don't need to. What is best after all is that you will gain these four types of profit in USD dollar!